Overview
What is Acsi Children Education Fund Inc?
Acsi Children Education Fund Inc is a nonprofit organization based in Colorado Springs, Colorado. Their primary focus is to provide financial assistance to eligible students through scholarships, covering qualifying educational expenses incurred at approved schools. The organization's mission aligns with supporting educational programs that foster a Christ-centered learning environment for children. They accomplish this by advocating for and supporting educational choice and innovation through various initiatives, such as school vouchers, scholarship tax credit programs, education savings accounts, and other choice programs. The Acsi Children Education Fund Inc accepts funding from individuals, businesses, and scholarship tax credit programs to help students access a Christ-centered education that suits their needs.
Official website here: www.childrenstuitionfund.org
What are the reviews and ratings of this charity?
**Rating: Needs Improvement (Two-Star out of Four Star Rating, 72%)**
The Acsi Children Education Fund Inc has received a two-star rating from Charity Navigator, suggesting areas for improvement, particularly in their overall financial health. While they excel in accountability with a perfect score for independent board members and governance policies, their significant liabilities compared to assets raises concerns about financial stability. The absence of a score in impact measurement also indicates a gap in evaluating the effectiveness of their programs.
Strengths include a transparency in governance and robust policies that reinforce their commitments to accountability, including whistleblower protections and documented board meetings. However, their reliance on governmental support and the concerning ratios surrounding their financial efficiency and working capital point to potential vulnerabilities. This financial metric performance suggests that while the organization is well-governed, it may be facing challenges in maintaining sustainable operations.
User reviews from GreatNonprofits could not be retrieved, leaving a gap in anecdotal insights from constituents and beneficiaries. Overall, potential donors and supporters may wish to exercise caution and consider these financial aspects before engaging with or supporting the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Acsi Children Education Fund Inc legitimate?
Acsi Children Education Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Acsi Children Education Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $89,574
Professional Fundraising Fees: $0
Other Salaries and Wages: $200,965
For more financial information, click here
Official website here: www.childrenstuitionfund.org
What is the mission statement of Acsi Children Education Fund Inc?
Acsi Children Education Fund Inc's mission is centered around supporting educational programs. They aim to promote educational choice and innovation, providing parents with the opportunity to select a Christ-centered education for their children. This is achieved through various initiatives, such as school vouchers, scholarship tax credit programs, and other scholarship programs. Additionally, they support education savings accounts and other choice programs. The organization accepts funds from various sources, including individuals, businesses, and scholarship tax credit programs, to provide eligible students with educational opportunities.
Official website here: www.childrenstuitionfund.org
Who is the CEO of Acsi Children Education Fund Inc?
James Elliot is the Principal Officer of Acsi Children Education Fund Inc.
Official website here: www.childrenstuitionfund.org
What is the revenue of Acsi Children Education Fund Inc?
Acsi Children Education Fund Inc's revenue in 2022 was $9,771,787.
Official website here: www.childrenstuitionfund.org
Who are the executives of Acsi Children Education Fund Inc and what are their salaries?
There 7 volunteers at Acsi Children Education Fund Inc.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $108,833
- Other: $12,429
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $133,330
- Other: $14,884
- Compensation: $0
- Related: $84,009
- Other: $19,467
Official website here: www.childrenstuitionfund.org
Where can I find the form 990 for Acsi Children Education Fund Inc?
Acsi Children Education Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.childrenstuitionfund.org
Learn more at the official website: www.childrenstuitionfund.org
Mission Statement of Acsi Children Education Fund Inc
Acsi Children Education Fund Inc is committed to supporting educational programs that instill a Christ-centered perspective in children. Their mission extends beyond mere support, as they advocate for educational choice and innovation. To achieve this, they engage in various initiatives such as school vouchers, scholarship tax credit programs, and other scholarship programs. These programs empower parents to select a Christ-centered educational environment for their children, providing them with diverse opportunities to grow and learn. The organization also accepts funds from individuals, businesses, and scholarship tax credit programs, which are then utilized to support eligible students pursuing their education. In this way, Acsi Children Education Fund Inc is instrumental in fostering a Christ-centered educational environment, thereby shaping the future of the children who benefit from their programs.
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Impact
July, 2024
Acsi Children Education Fund Inc supports educational programs that provide a Christ-centered education for children. The organization provides scholarships to eligible students for qualified educational expenses incurred in attending eligible schools. Their mission is to support educational choice and innovation through school vouchers, scholarship tax credit programs, education savings accounts, and other choice programs that give parents the opportunity to choose a Christ-centered education for their children. By accepting funds from individuals, businesses, and scholarship tax credit programs, Acsi Children Education Fund Inc enables eligible students to pursue educational opportunities that align with their values and beliefs.
This information is meant to be a general summary of Acsi Children Education Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $9,771,787
Assets and Liabilities:
- Total Assets: $5,927,618
- Total Liabilities: $5,581,620
- Net Assets: $345,998
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Organization Details
Founding Year
2015
Phone
(719) 528-6906Principal Officer
James Elliot
Main Address
PO Box 62249, Colorado Springs, CO, 80962
Website
www.childrenstuitionfund.orgNTEE Category
Code: P20 - Human services
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